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Revised Sponsored Programs Cost Transfer Procedure

Notable revision to ORSP’s Policy and Procedure for Sponsored Projects Cost Transfers (Word) (refer to Item III. Timeliness): “If a Cost Transfer Request (CTR) with a sponsored project designated in the credit (CR) line is denied, the preparer must address the deficiencies and resubmit the request within 14 days.  Failure to resubmit the request within the specified time-frame; OR Failure to meet ORSP’s approval on the resubmission; will result in ORSP moving the subject charge(s) to the project closing account.

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